The former Namibian sprinter, who stepped down following the revelation by Le monde that he received money through an offshore company paid by the son of one of the IOC’s influential members.
Le Monde revealed on 3 March that Yemi Limited, a Seychelles- domiciled company linked to Fredericks, had received $ 299,300 from Pamodzi Consulting, a Papa Massata Diack company, on the very day of the city’s election Host of the 2016 Games, on October 2, 2009.
The consulting firm is owned by the son of former disgraced International Athletics Federation (IAAF) chief, Lamine Diack, and he a very influential member of the International Olympic Committee (IOC), Papa Massata Diack, was issued with an International arrest warrant, suspected of being at the heart of several cases of corruption in sport .
Three days before the vote on October 2, 2009, he received $ 1.5 million from a company owned by a Brazilian businessman, Arthur César de Menezes Soares Filho.
A member of the board of the International Athletics Federation (IAAF) since the summer of 2015, Mr. Fredericks was appointed to the inspection team to review the progress of the Russian Athletics Federation Following the revelations of doping institutionalized in the country.
On Monday, March 6, the IAAF announced its replacement on this inspection team. “I decided to leave the working group so that the integrity of its action will not be called into question after the allegations against me in Le Monde,” Fredericks said in an IAAF statement.
Frank Fredericks remains a member of the board of the IAAF and the IOC. The Ethics Committees of the two institutions took up his case. Contacted by Le Monde , the IOC announced an “official communication […] in the coming hours” about the chairmanship of the 2024 Games Evaluation Commission.
He issued a press release when stepping down to Agence France – presse saying, “I am resigning from my position as chairman of the 2024 Evaluation Commission because it is essential that the important work done by my colleagues be considered fair and impartial.
Paris and Los Angeles are two fantastic candidates and I do not want to become a disruptive factor in this great competition. “